March 11, 2010 11:43 AM ET
Focus
Profile Feedback
-
Other Models
-
Total Return Hedged (Macro)
-
Management Access (Specialist knowledge)
-
Dividend Payers (Value)
-
Market-Neutral Growth (Opportunistic)
-
Undercapitalized sectors (Value)
Jagadeshwar Porandla
Strategy Mechanical Systems
Category Market timing
Average trade replication time 2 minutes
2,481 Views
10 Subscribers
Fees 1.50% of invested assets p.a. Subscription Min $5,000.00*
He has built several mechanical trading systems using technical parameters and statistical metrics. These systems are designed to predict a security's daily highs and lows. He has tested thousands of securities over the past 10 years in order to refine these systems. Highly ranked covestor.com member.
He spent several years analyzing and trading thousands of stocks in order to build his trading systems. These systems primarily use technical parameters and statistical data analysis of the historic data in order to accurately predict a security’s high and low of the day and to identify a new trend.
These trading systems work in both bull and bear markets and have proven valid even during the...
[more +]His system identifies list of potential stock tickers on a given trading day and then determines buy and sell points for the security. Prior to purchasing the security, he will confirm the validity of the purchase using technical analysis and news articles.
He allocates 15-20% of cash for each position and remains mostly in cash while waiting for good opportunities. He will typically execute between zero and two trades per day with a monthly total of approximately 10 buys and 10 sells.
He takes 2-10% profit in a short period of time and he believes in the principle of compounding to achieve a higher annual percentage yield. He closes his positions when his profit margin is met or exits out of the position at breakeven price or small loss.
None.
Investment Report
We have had a few nice buy entries at (or near) the low of the day (LOD) and we took some small gains when we were stopped out. I also played bit safer to protect our capital in this month by taking less risks. I believe that if we can take care of the tough months with good money management techniques, the other months would take care of us.
Going forward, I continue to use one more new strategy...
March 2010
Personal Background
- Born and raised in Warangal, India and has been living in the US since 2001
- Holds a MS degree in engineering from the NITW, India
- Managed a small pooled investment with three other members
- Actively maintains his financial blog www.abigthinker.com
Experience on Covestor.com‡
Jagadeshwar Porandla's Covestor.com Profile
- Overperformed S&P 500 for 14 of their 14 months on Covestor.com#
- Return Since Inception: 3813.18% (January 2009)
- Last 3 Months Return: 30.98% (S&P 500 0.81%)
- Annualized Return: 2164.38%
- Sharpe Ratio: 44.96 (S&P 500 -0.09)
- Maximum Drawdown: -9.31% (S&P 500 -56.78%)
Performance
| Inception December 07, 2009 | Model Manager | S&P 500 |
|---|---|---|
| Return Since Inception (%) | 2.75 | 3.84 |
| Month to Date Return (%) | 0.19 | 3.72 |
| Sharpe Ratio | 3.34 | 1.08 |
Monthly Performance (%)
| Month | Return | S&P500 | Outperformance | Risk | Performance |
|---|---|---|---|---|---|
| Feb | 0.38 | 2.85 | (2.47) |
|
|
| Jan | 1.43 | (3.70) | 5.13 |
|
|
The performance of the model manager's account has been calculated by CVIM on a daily time-weighted basis including cash and broker commissions. These returns do not reflect any CVIM suitability or risk score restrictions and are exclusive of CVIM fees. Therefore, they do not represent the performance of the CVIM model available for subscription. Benchmark returns have been calculated by CVIM using a time-weighted calculation of daily valuations and do not include cash or transaction costs. Please see the additional disclosures below.
Top Holdings
| Symbol | Security | Exchange | Allocation (%) |
|---|---|---|---|
| Cash | n/a | n/a | 100.00 |
Total Holdings 1
Data displayed is as of market close: March 10, 2010
Recent Transactions
| Symbol | Security | Type | Price |
|---|---|---|---|
| JAZZ | Jazz Pharmaceuticals, Inc. | Sell | $11.75 |
| JAZZ | Jazz Pharmaceuticals, Inc. | Buy | $11.64 |
| JAZZ | Jazz Pharmaceuticals, Inc. | Buy | $11.65 |
| LTXC | LTX-Credence Corp. | Sell | $2.60 |
| LTXC | LTX-Credence Corp. | Buy | $2.55 |
Data displayed is as of market close: March 10, 2010
* The Subscription Minimum is the minimum subscription required to follow a particular model. The minimum amount is determined by CVIM, based on the characteristics of the underlying model. It should not be considered as specific investment advice for your investment situation.
‡ Covestor.com performance data has been calculated by Covestor on a daily time-weighted basis of the equity positions of the account and is exclusive of any commissions and cash in the portfolio. The member's performance on Covestor.com, based on a separate account, may not reflect the strategy employed to manage the model available for subscription on CVIM. Please see additional disclosures below.
# Since the model manager's inception in Covestor.com
It should not be assumed that any information discussed herein will prove to be profitable or that decisions in the future will be profitable or provide similar results. The information set forth herein is not a substitution for personalized investment advice, and should not be construed as a recommendation to purchase or sell a particular security or to subscribe to a particular model.
While Covestor does provide limited investment advice to its clients, the content herein is provided as general and impersonalized investment information and is not a recommendation or solicitation to buy or sell any security. Covestor does not guarantee or certify the quality, accuracy, completeness, or timeliness of any content contained herein or on the Covestor.com website. Please take appropriate professional advice in any investment decisions.
External Website Link
By clicking the link you are leaving Covestor's CV.IM web site. Covestor does not monitor third party web sites, makes no representations as to the accuracy or suitability of any information to be found on such sites and takes no responsibility for such sites. The link is provided for convenience purposes only. Should such a website contain inappropriate content please report it to Client Services.